Hungary
Insurance boss receives major honour for services to local insurance industry
Günter Geyer, chairman of the managing board of Wiener Städtische Versicherungsverein, has received the Officer's Cross of the Order of Merit of the Republic of Hungary.
Environment: The importance of environmental impairment liability cover
With environmental legislation becoming ever more onerous and liabilities ever more costly, businesses are beginning to wake up to the importance of having environmental impairment liability cover.
Bancassurance in CEE: opportunities for growth
Some view Central and Eastern Europe as behind Western Europe, but bancassurance could help to change this. Thomas Schöllkopf takes a look at the motives and opportunities for growth offered by this alternative sales channel.
Poland, Hungary and Ukraine lead the way in Coface top 500 ranking
For European financial services companies 2010 saw a return to profitability and a significant growth in turnover, with Polish, Hungarian and Ukrainian companies leading the way, according to Coface's top 500 rankings.
Hungarian watchdog confirms a 2.7% fall in GWP in 3Q2011
The Hungarian Financial Supervision Authority has confirmed a 2.7% fall in gross written premiums for the Hungarian market in the third quarter.
Hungarian insurance market down by 2% in Q3 2011
Total underwritings' volume of the Hungarian insurance market stood at HUF 623.4b (E2.1b), 2.2% less than in Q3 2010 by the end of September 2011.
Reaction to proposed ELD extension
The CEA claims the proposed extension to the Environmental Liability Directive will be damaging for European insurers. Francesca Nyman asks the market for its initial reaction to the proposal.
Interview – Pierre Lefèvre: A long time coming
As international division managing director for Groupama, the UK once again falls under the watchful eye of Pierre Lefèvre, after an earlier five-year stint as the country’s CEO. Almost a decade after their last interview, Lynn Rouse catches up with…
AIR updates European wind and earthquake CAT models
Catastrophe risk modeling firm AIR Worldwide has released updates to its Extratropical Cyclone and Earthquake Models for Europe.
Compensation harmonisation across the EU
The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.
Groupama reports rise in net income despite €84m Greece hit
Groupama SA has reported premium income of €8.4bn for the first six months of 2011, down -2.5% on a like-for-like consolidation and exchange rate basis.
Ace makes Continental appointments
Ace has promoted Andreas Wania from Central and Eastern Europe manager to chief operating officer for Ace Germany and will be based in Ace’s Frankfurt office.
CEA publishes insurance guide
A booklet highlighting the financial awareness programmes national insurance associations across Europe are involved with has been published by the CEA.
CEA publishes insurance guide
A booklet highlighting the financial awareness programmes national insurance associations across Europe are involved with has been published by the CEA.
Post Europe: View from the Top - Sustainability, environmental insurance and protection
Sustainability is the capacity to endure, meeting today’s needs without compromising the future.
View from the Top - Sustainability, environmental insurance and protection
Sustainability is the capacity to endure, meeting today’s needs without compromising the future.
Post Europe: Mergers and acquisitions in the Danubian region
The mighty Danube links many countries but Jakki May asks if that is enough to link the insurance markets within these territories and encourage mergers and acquisition.
Mergers and acquisitions in the Danubian region
The mighty Danube links many countries but Jakki May asks if that is enough to link the insurance markets within these territories and encourage mergers and acquisition.
Post Europe: Affinity insurance in Central and Eastern Europe ripe for picking
There are undeniable signs that affinity markets in Central and Eastern European markets, including Poland, the Czech Republic, Slovakia, and Hungary, are ripe for expansion. However, as Jane Bernstein discovers moving in to tap this market might not be…
Affinity insurance in Central and Eastern Europe ripe for picking
There are undeniable signs that affinity markets in Central and Eastern European markets, including Poland, the Czech Republic, Slovakia, and Hungary, are ripe for expansion. However, as Jane Bernstein discovers moving in to tap this market might not be…
Taxation - IPT changes: A taxing issue across Europe
2011 brings with it many changes to insurance premium tax across Europe and a big headache for insurers operating locally in different countries or across multiple European territories. Edward Murray explains why it is crucial for insurers to stay on top…
Allianz on track to eclipse £30m target
Allianz Commercial is expanding its cross-border insurance offering as part of a relaunch of its UK mid-corporate operation.
Allianz blames floods, low car sales and crisis tax for 87% drop in profits
Allianz has reported that gross premiums written in its central and Eastern European property and casualty business exceeded the Euros 2bn in the first nine monsths of 2010.
Exclusive content now available on Post Europe
Post Europe’s weekly update is now live with a look at the long term implications of the Hungarian toxic spill, as well as a View from the Top opinion why France is the most sophisticated insurance market on the continent.